Asia

Tesla shares tumble as bullish analyst raises cautions about growth

5:04 pm U.S. ET | Sept. 15, 2014
One of Tesla's strongest supporters on Wall Street issued a cautious report on the maker of luxury electric cars today, sending its shares skidding 9 percent....
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U.S. Treasury chief warns China on antitrust probes of foreign companies

2:32 pm U.S. ET | Sept. 15, 2014
Treasury Secretary Jack Lew warned the Chinese government that a recent spate of antitrust investigations against foreign automakers and other companies could have serious implications for U.S.-China relations....
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Renault plans to build electric Fluence for Chinese brand

Sept. 15, 2014 14:55 CET
Renault plans to build its Fluence electric sedan in China for an unspecified local brand, CEO Carlos Ghosn said....
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Nissan transforms Japanese plant

12:01 am U.S. ET | Sept. 15, 2014
With a stern foreman clocking their efforts on his stopwatch, the Chinese apprentices snap together their first Nissan vehicle, brick by brightly colored plastic brick....
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Japan exports fall despite favorable yen

12:01 am U.S. ET | Sept. 15, 2014
Japan's auto exports finally may be decoupling from the yen after decades of yo-yoing up and down with exchange rates....
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YANG JIAN

How one pol championed China EV sales

12:01 am U.S. ET | Sept. 15, 2014
Until recently, China's electric vehicle industry was nothing more than a hobby. This year, the industry shook off its torpor, producing 25,946 EVs and plug-in hybrids in eight months....
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VW-SAIC joint venture names industry veteran as president

Sept. 12, 2014 16:30 CET
Shanghai Volkswagen Automotive, a joint venture between VW and SAIC Motor, hired veteran executive Chen Zhangxian as its new president. Shanghai VW operates five plants in China and sold 1.1 million VW and Skoda vehicles in the first eight months....
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European chamber urges China to ease aftermarket rules

Sept. 12, 2014 14:03 CET
The European Union Chamber of Commerce in China has urged the nation's government to allow more competition for vehicle aftermarket service as it says current regulations are the "key driver" of the monopoly situation that has led to state probes within the auto industry....
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JLR will build Range Rover Evoque in China

Sept. 12, 2014 10:28 CET
Jaguar Land Rover says the Range Rover Evoque will be the first model built at the company's new China factory. The automaker also said that it may add production of its new Land Rover Discovery Sport at a later date....
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VW, Chrysler fined $46 million by China regulator for price monopoly

Sept. 11, 2014 11:10 CET
VW Group and Chrysler were fined a combined $46 million by China's anti-monopoly regulator in the first-ever punishment of foreign carmakers for price fixing. The penalty raised the possibility of similar fines for Mercedes and Jaguar Land Rover....
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THE GM RECALL

GM has substantially completed vehicle recalls, Barra says

9:06 am U.S. ET | Sept. 11, 2014
General Motors has “substantially completed” its vehicle recalls, CEO Mary Barra said. “We're working hard to make sure that as new vehicles come out, they achieve even higher levels” of quality and safety, Barra told reporters in New Delhi today. “We're very focused to being industry leaders.”...
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Athletic Mazda2 debuts as test on many levels

9:00 pm U.S. ET | Sept. 10, 2014
Mazda unveiled a more athletic fourth-generation Mazda2 hatchback late Wednesday, deploying its latest Skyactiv drivetrain and chassis technologies into the subcompact segment. The upgrade is sorely needed to keep the pint-sized car relevant in an increasingly competitive field against such upstarts as the hot-selling Chevrolet Sonic and Ford Fiesta....
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GreenTech electric vehicle venture anticipates U.S. production in 4th quarter

5:20 pm U.S. ET | Sept. 9, 2014
A Chinese-affiliated electric vehicle venture that has generated more curiosity than cars during the past five years anticipates launching U.S. production by the end of this year....
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Mahindra in alliance talks with PSA, Saab maker, report says

Sept. 8, 2014 10:52 CET
Indian automaker Mahindra & Mahindra is exploring alliance opportunities with PSA/Peugeot-Citroen and the maker of Saab cars, NEVS, according to a newspaper report....
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U.S. businesses in China feel targeted

12:01 am U.S. ET | Sept. 8, 2014
China is targeting foreign companies, including automakers and suppliers, with opaque laws and rules, said a group representing U.S. businesses here, Bloomberg reported....
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EDITORIAL

Cancel Chinese invasion; cue the Volvo sedan

12:01 am U.S. ET | Sept. 8, 2014
Next year, the Volvo S60L long-wheelbase sedan will become the first mainstream vehicle built in China to be sold in the U.S. That's hardly the wave of inexpensive vehicles from China's domestic automakers that many feared just a half decade ago....
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Mazda splurges on MX-5 Miata debut and celebration

7:47 am U.S. ET | Sept. 6, 2014
Mazda is a tiny carmaker on a shoestring budget. So nothing attests more to the import of the MX-5 Miata's debut than the company's big splurge on a laser-lit, smoke-machined three-continent, simultaneously live-streamed global reveal....
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Ford recalls 191,770 Focus sedans in China to repair fuel leak

7:34 am U.S. ET | Sept. 5, 2014
Ford issued its largest recall in China in four years after the nation's quality regulator found a fuel leak risk in the Focus sedan....
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Cooper Standard hikes stake, gains control of Chinese auto sealing joint venture

12:37 pm U.S. ET | Sept. 4, 2014
Cooper Standard Holdings agreed to purchase an additional stake in its Chinese automotive sealing joint venture for $60 million....
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Turkish auto sales fall 8% in August

Sept. 3, 2014 12:26 CET
Turkish auto sales fell 8 percent in August, the Automotive Distributors' Association said today. Eight-month deliveries were down 22 percent, the association said....
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China launches criminal case against former exec at FAW, VW's China partner

Sept. 3, 2014 11:37 CET
Chinese prosecutors have launched a criminal bribery investigation into a former senior executive at FAW Group Corp., one of Volkswagen's joint-venture partners in China. An Dewu is suspected of accepting bribes, China's procurator said....
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Europe business chamber says China won't force foreign suppliers to form JVs

Sept. 2, 2014 12:19 CET
Recent media reports that China will force foreign automotive suppliers to form joint ventures with local companies are unfounded, the European Union Chamber of Commerce in China said....
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China targeting auto industry, other foreign companies unfairly, U.S. group says

6:30 am U.S. ET | Sept. 2, 2014
China is targeting foreign companies -- including automakers and suppliers -- with opaque laws and rules, according to a group representing U.S. businesses there, contributing to a deteriorating environment for investment in the nation....
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AUTOMOTIVE NEWS EUROPE E-MAGAZINE

VW India boss outlines turnaround plan

Sept. 1, 2014 06:15 CET
VW India boss Mahesh Kodumudi explains to Automotive News Europe what measures the automaker is taking to reverse its slide in the key market....
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Thailand set to approve Volkswagen factory, report says

Sept. 1, 2014 23:00 CET
Thailand is set to approve the construction of a VW factory near Bangkok, a German newspaper reported. The investment would secure tax and customs advantages for VW if it builds fuel-efficient cars there....
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Special Report
Defying Dad, by building on his legacy

Defying Dad, by building on his legacy

At Courtesy Auto Group in Illinois, second-generation dealers Ray and Rik Fregia have seen a 30 percent boost in sales this year, thanks largely to million-dollar overhauls at their three stores. Mon., September 15
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